New South Wales Consolidated Acts

INSURANCE PROTECTION TAX ACT 2001 - SECT 16C

16C Tax to be paid into Policyholders Protection Fund

(1) There is appropriated by this section for payment out of the Consolidated Fund into the Policyholders Protection Fund all amounts received in payment of tax under this Act.

(2) There is payable out of the Policyholders Protection Fund such amounts as may become payable under this Act by way of refunds of tax.